Optimal production-inventory policy for the multi-period fixed proportions co-production system.
Hengyu LiuJuliang ZhangT. C. E. ChengYihong RuPublished in: Eur. J. Oper. Res. (2020)
Keyphrases
- inventory policy
- optimal production
- planning horizon
- production system
- multi item
- inventory models
- supply chain
- service level
- lot sizing
- production planning
- production process
- total cost
- multistage
- inventory systems
- lead time
- production rate
- infinite horizon
- production cost
- expert systems
- fixed cost
- single item
- periodic review
- single product
- lot size
- expected cost
- supply chain management
- optimization problems
- production line
- inventory control
- reinforcement learning
- customer demand
- steady state